Ethereum (ETH) Market Capitalization Hits $373.39 Billion

Ethereum (ETH) traded down 0.8% against the dollar during the 1 day period ending at 12:00 PM ET on January 12th. Ethereum has a total market capitalization of $373.39 billion and $20.50 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can currently be bought for $3,093.66 or 0.03391161 BTC on major exchanges. During the last seven days, Ethereum has traded down 2.9% against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Cardano (ADA) traded 0.1% higher against the dollar and now trades at $0.39 or 0.00000431 BTC.
• Cronos (CRO) traded down 1.5% against the dollar and now trades at $0.0997 or 0.00000109 BTC.
• Avalanche (AVAX) traded 1.3% lower against the dollar and now trades at $13.69 or 0.00015006 BTC.
• Hedera (HBAR) traded down 1.7% against the dollar and now trades at $0.12 or 0.00000127 BTC.
• Uniswap (UNI) traded down 2.5% against the dollar and now trades at $5.34 or 0.00005852 BTC.
• NEAR Protocol (NEAR) traded 0.8% lower against the dollar and now trades at $1.69 or 0.00001856 BTC.
• Internet Computer (ICP) traded 1.2% lower against the dollar and now trades at $3.14 or 0.00003440 BTC.
• Cosmos (ATOM) traded 3% lower against the dollar and now trades at $2.53 or 0.00002769 BTC.
• Algorand (ALGO) traded down 1.3% against the dollar and now trades at $0.13 or 0.00000144 BTC.
• Fetch.ai (FET) traded down 1.1% against the dollar and now trades at $0.29 or 0.00000314 BTC.

Ethereum Coin Profile

Ethereum (CRYPTO:ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,694,719 coins. The official message board for Ethereum is forum.ethereum.org. Ethereum’s official website is www.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here.

According to CryptoCompare, “Ethereum is a decentralized platform for building smart contracts and decentralized applications. It has its own cryptocurrency, Ether, and enables users to transact and communicate without the need for a central authority. In contrast to Bitcoin, Ethereum is a general purpose blockchain that can be programmed for a wide range of tasks. It can be used for building apps and organizations, holding assets, and facilitating financial transactions while respecting user privacy and avoiding censorship. ETH, the native cryptocurrency of Ethereum, is used to fuel and secure the network, serve as collateral for the creation of other tokens, and support the Ethereum financial system. It has value as a means of paying transaction fees and as a store of value or tool for decentralized finance. ETH has initially gained recognition through initial coin offerings (ICOs).”

Buying and Selling Ethereum

Investors seeking to trade Ethereum using US dollars directly can do so using GDAX, Changelly or Gemini.

ETH/USD price chart by TradingView